In 2014, Elon Musk secured $1.3 billion in tax grants from the state of Nevada to open a battery plant, this caught the attention of Jeff Bezos. Bezos grew green with envy over Musk’s ability to pit five states against each other in the form of tax incentive packages. As a result, Bezos couldn’t help but question why it was regularly accepting comparatively minuscule incentives. […]
As of last week, the Big Four (Amazon, Apple, Facebook, and Google) have a combined market cap of $3.2 TRILLION which represents over 15% of the $20 trillion US economy. In 1997, shares of Amazon (AMZN) & Apple (AAPL) traded below $2 per share. Facebook (FB) & Google (GOOGL) hadn’t even been started. It was the dawn of the Internet Era. The following year, Google […]
Remember when a Big Mac used to cost 75¢? Or how about when you could buy a can of soda for a nickel? Prices naturally increase over time (inflation). In order to keep up with their constant rise, our wages have followed. With that said, many workers are dissatisfied with the pace salaries have grown relative to global prices. This has reinvigorated the debate over […]
Guns are as American as apple pie with huge stocks like Smith & Wesson. But unlike pie, they kill hundreds of innocent American children every year. When it comes to a subject that carries such morbidity and seriousness, being informed is essential. This Thursday, we are not spotlighting an industry. We are using spotlighting guns and what matters when it comes to them: the facts. […]
Wondering what’s going on with the GOP’s latest tax bill? Here’s how it impacts you, small businesses, and the markets in order to figure out the best way to allocate your portfolio.
At many of the world’s central banks, setting key interest rates is the primary tool for conducting monetary policy. Their goal? Stabilize economic activity. When central bankers are worried about inflation or an economy expanding too quickly, they can raise rates. This increases the cost of borrowing, giving households and businesses more reason to save. In the midst of an economic recession, central banks can […]
Stock Markets declined today. Information surfaced regarding President Trump asking former FBI director, James Comey, to prematurely end a federal investigation into Michael Flynn. Flynn was President Trumps’ former National Security Adviser who left amidst allegations of improper relations with Russia. The current political climate has created enormous uncertainty for the future. Bloomberg has even described the Trump-Comey debacle as the deepest crisis of Trump’s presidency […]